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March 18, 2021
Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, welcomes two new member organizations: Credit Union Financial Exchange and Moov.
Current Afinis membership stands at nearly…
APIs
February 16, 2021
Many dentists have yet to experience the benefits of receiving insurance claim payments by ACH, but there are encouraging signs, a new report found.
“Although the majority of dental payments are made via a paper check, the industry is seeing an uptick in the number of electronic dental payments…
Healthcare
December 18, 2020
These days, most of what businesses and individuals do on the web involves interacting with APIs, or application programming interfaces, which are an essential pillar of many of the online services we have come to rely on.
In the payments and financial services industry, the interoperability of…
APIs
November 18, 2020
[Podcast] The ACH Network is Not Just Payroll and B2B Transactions. It’s Branching Into New Segments, Too
Many are familiar with the ACH Network, which last year electronically moved 24.7 billion payments valued at nearly $56 trillion between accounts at different financial institutions for payments including large B2B transactions or payroll direct deposit.
Others may recognize the ACH Network as…
ACH Network, Healthcare
October 26, 2020
Nacha’s Afinis Interoperability Standards will hold a virtual planning meeting on Wednesday, Oct. 28 from 3:00 to 5:00 p.m. ET via GoToMeeting. This will be a working meeting utilizing agile program increment planning to determine the steps for the next Afinis sprints.
Afinis is a…
APIs
October 6, 2020
Not only has Nacha’s Afinis Interoperability Standards released its newest standardized application programming interface (API), but it also has found an early adopter to put it into action.
First, allow me to provide some background: Afinis is a membership-based governance organization that…
APIs
October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’…
ACH, ACH Network, Nacha Operating Rules, Risk & Compliance, Risk Management
September 24, 2020
As technological innovation continues to reshape the payments industry, APIs are becoming a prominent feature of the landscape. But as APIs become a facet in the payments industry, so does the need for API standardization and common practices. Such a framework is necessary for innovation and growth…
APIs
September 15, 2020
Nacha to Recognize Over 360 Accredited Payments Risk Professionals During National APRP Recognition Day on Sept. 15
HERNDON, Va., Sept. 15, 2020 – In honor of National APRP Recognition Day, which is commemorated annually on the third Tuesday of September, Nacha will recognize over 360 Accredited Payments Risk Professionals.
The APRP exam tests for comprehensive risk management knowledge across all payment…
Certifications, Risk Management
September 1, 2020
By Richard Oliver & George Warfel Jr.
Written by experienced experts from both the private and the government sector, The Story of Payments: How The Industrialization of Trust Created the Modern Payments System tells the story of how payments – between people, merchants, employers and…
ACH, Other Payments